Early Retirement Plans Could Be Offered to Barnstable County Employees

BARNSTABLE – In an aim of tighten its budget, Barnstable County Commissioners may consideran early retirement incentive plan for county employees.

Barnstable County Administrator Jack Yunits is presenting a plan to commissioners next week that would ask Cape Cod’s legislation to file a bill that would establish the offer.

The offer targets county employees who are have at least 15 years of service and are 55 years old.

As it stands, 25 of the county’s 180 employees would meet the criteria of the plan, but it may be capped at only 15 employees.

If there are any new additions to the county, Yunits said that it would be part-time with no benefits.

“Benefit packages could range between 30-40 percent, so eliminating that responsibility is significant to the county,” said Yunits.

The offer would need approval from the state’s Public Employee Retirement Administration Commission.

Still, County Commissioner Chair Leo Cakounes said that plans are in the early stages and nothing is definite.

“Don’t believe that this board is taking any action on approving anything, that’s not what this is, this is just beginning the process and asking our legislators to file an early retirement incentive program,” said Cakounes.

By JUSTIN SAUNDERS, CapeCod.com Newscenter

About CapeCod.com NewsCenter

The award-winning CapeCod.com NewsCenter provides the Cape Cod community with a constant, credible source for local news. We are on the job seven days a week.



CapeCod.com
737 West Main Street
Hyannis, MA 02601
Contact Us | Advertise Terms of Use 
Employment and EEO | Privacy